According to Organic Market Research, Brazil Scrap Metal Recycling Market Share was USD 640.24 Million in 2023 and the market is projected to touch USD 961.61 Million by 2032, at a CAGR of 5.12% during the forecast period. The market also benefits from improved waste management infrastructure, which enables efficient collection, segregation, and processing of scrap materials. Additionally, initiatives to boost public awareness of recycling and waste reduction are contributing to the market’s expansion. However, challenges remain, including fluctuations in metal prices, infrastructure limitations in remote areas, and the need for continuous innovation in recycling technology. Nonetheless, the market is positioned for steady growth, bolstered by Brazil’s commitment to environmental sustainability and circular economy practices.
The Brazil Scrap Metal Recycling Market Size has been witnessing steady growth as environmental awareness and sustainable practices become priorities across the region. With a growing emphasis on reducing waste and reusing materials, the market has gained momentum, driven by industries like automotive, construction, and electronics that are generating high scrap volumes. Key metals such as iron, steel, aluminum, and copper are commonly recycled, with significant benefits in reducing carbon footprints, conserving energy, and minimizing mining activities.
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Market Segmentation
By Metal
- Ferrous
- Non-ferrous
By Scrap Type
- Old Scrap
- New Scrap
By Equipment
- Shredders
- Shears
- Granulating Machines
- Briquetting Machines
By End User
- Building & Construction
- Automotive
- Equipment Manufacturing
- Shipbuilding
- Packaging
- Others
Customization Scope
- Available upon request
Pricing
- Available upon request
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Brazil Scrap Metal Recycling Market Revenue
Key Players in the Market
The major players in the market are Gerdau S.A., Cisco Systems Inc, Microsoft Corporation Companhia Brasileira de Alumínio (CBA), Metallic, R.S. Metais, Brasil Metals, WR Metais, Cobrecom, , Metallic and Recemil.
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